Update 11:59 a.m.: Latino Caucus office wasn't searched by FBI
Officials with the California state Legislature previously said that the offices of the Latino Caucus were searched by the FBI Tuesday, along with state Sen. Ron Calderon's office, but state Senate Chief Sergeant-at-Arms Tony Beard issued a statement Wednesday saying that both offices searched belong to Calderon.
Calderon’s second office is in the state-owned Legislative Office Building, across the street from his other office in the State Capitol. Many legislators have second offices in the Legislative Office Building.
Beard said in a statement that the reason one of the offices was mistakenly identified as belonging to the Latino Caucus was due to an outdated room number roster — the Caucus moved into new offices earlier this year, according to Beard.
Justin Sullivan/Getty Images
The FBI raided state Sen. Ron Calderon's office, as well as the office of the Latino Caucus Tuesday afternoon. An attorney for Calderon says the feds don't have a case.
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Today is Wednesday, June 5, and here is what's happening in Los Angeles:
The FBI raided the offices of state Sen. Ron Calderon and the Latino Caucus Tuesday afternoon. Mark Geragos, Calderon's attorney, said the feds "have no case, so what they do is they leak the sealed information in an effort to hassle innocent people, and that's all the comment I have." Sacramento Bee, Los Angeles Times, Associated Press
President Obama will host Chinese President Xi Jinping at Sunnylands in Rancho Mirage this weekend. "The White House proposed the informal summit in hopes the two leaders can establish a personal rapport early in Xi's tenure and discuss — without the pageantry of a state visit," reports the Los Angeles Times. Sunnylands.
LA Congresswoman Maxine Waters is the ranking Democrat on the House Financial Services Committee.
Maxine Waters has settled into her new job. This term, the L.A. Congresswoman became the ranking Democrat on the powerful House Financial Services Committee. The appointment came after a three-year fight to clear her name on banking-related ethics charges.
Waters waited a long time for the position — 22 years. She says when she first came to Congress, "People were fleeing the old banking committee because of the [savings-and-loan] scandal and nobody wanted it."
Waters notes: "I stayed, I worked, I've learned, and I've earned the seniority."
With Republicans in charge of the House, Waters admits her ability to get things done is limited. But she still has a to-do list: reform of the quasi-governmental mortgage giants Fannie Mae and Freddie Mac, boosting construction of residential rental property, and defending the landmark financial oversight law known as Dodd Frank.
AP Photo/Damian Dovarganes
The Los Angeles Memorial Coliseum Commission has approved a lease agreement with the University of Southern California, but it's being challenged by some supporters of cultural institutions in Exposition Park.
The board of the California Science Center is expected to vote Wednesday on whether to support leasing the Los Angeles Coliseum to the University of Southern California.
Some members of the foundation that raises funds for the center want the Governor to stop the deal because it gives USC most of the parking in Exposition Park on at least 25 days a year.
The science center operates in a public-private partnership between the State of California and a non-profit foundation.
Under the deal, USC would lease the Coliseum and Sports Arena for 98 years and keep the proceeds from any events. In exchange, the university would invest at least $70 million in improvements.
“The state is not in position of making improvements to this property that it needs,” said Melissa Figueroa, who’s with the state agency that manages the properties at Exposition Park. She said the Coliseum needs the cash infusion from USC. “Otherwise it’s going to just continue to crumble and deteriorate.”
This is AEG's rendering of what the Los Angeles Convention Center could look like after Farmers Field is built. Regardless of what happens with the football stadium, the City of LA is recommending that AEG take over management and operation of the convention center.
Management and operation of the Los Angeles Convention Center should be turned over to Anschutz Entertainment Group, the city's chief budget officer recommended Tuesday.
The arrangement would take place regardless of whether or not AEG builds a football stadium adjacent to the convention center. AEG has proposed to build a new convention center wing if the stadium goes forward.
The decision to select AEG over another operator, SMG, was made by an independent panel, according to City Administrative Officer Miguel Santana. SMG operates convention centers in Detroit, New Orleans and San Francisco, among other cities. AEG manages centers in Australia, Malaysia, Oman and Qatar.
"The AEG proposal presents an enhanced, cost-effective and unique experience for all Convention Center visitors," Santana wrote in his report.